Binary Mate
easyMarkets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Binary Mate was founded in 2013 and is headquartered in Malaysia, while easyMarkets was established in 2003 and is based in Cyprus, Australia. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Binary Mate serves 10,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $1000 at Binary Mate and $100 at easyMarkets.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2013 | 2003 |
| Country | Malaysia | Cyprus, Australia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Binary Mate and easyMarkets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Binary Mate). Neither broker charges withdrawal fees. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Binary Mate offers MT4, MT5, cTrader, while easyMarkets supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android ,iPhone,Mac,iPade | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Binary Mate and easyMarkets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Binary Mate accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while easyMarkets supports 4 (bank transfer, credit/debit card, Skrill, Neteller). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Binary Mate and easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Binary Mate supports 2 languages and easyMarkets supports 5, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Binary Mate | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |